With a market cap of $56.4 billion, Nucor Corporation (NUE) is North America’s largest and most diversified steel manufacturer and recycler, producing a wide range of steel and fabricated steel products for the construction, infrastructure, automotive, energy, and industrial markets. Headquartered in Charlotte, North Carolina, the company operates through three primary segments: Steel Mills, Steel Products, and Raw Materials.
Nucor stock has been one of the market’s standout performers over the past 52 weeks. NUE stock has soared 67.6% over this time frame, while the broader S&P 500 Index ($SPX) has gained 19.5%. Moreover, shares of the steelmaker have soared 47.4% on a YTD basis, compared to SPX's 11.6% return.
